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Centreville

Learn about the people, housing, costs and businesses in Centreville, Virginia

Median Home$615,263
Median Rent$2,467/month
Population71,941
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services24% healthcare
Home Value Growth⬆⬆+13.0% over 2 years
Young Adults33% of residentswell above average
Homeowners73% of occupied units
NotableHigh Incomes$156k/year · top 3% nationally
NotableHighly Educated34% bachelor's · 19% graduate · top 4% nationally
Centreville
VA

Frequently Asked Questions

What are today's mortgage rates in Centreville?

As of today, the 30-year fixed mortgage rate for Centreville is approximately 6.827% (6.861% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Centreville?

The median home value in Centreville is $615k. The median monthly rent is $2,467. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centreville?

Home values in Centreville have increased 13.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Centreville?

Based on a typical all-in ownership cost of $2,567/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $110k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centreville is $156k/year.

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What industries drive the economy in Centreville?

The largest employment sectors in Centreville are healthcare (24%) and arts, food, and hospitality (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.